SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers

New venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such as those in the Vision Fund 2 - fell to the lowest level in five quarters, Crunchbase data showed. SoftBank played a part in this, making its largest spending announcements in years, including in ChatGPT maker OpenAI, in which it committed to investing between $20 billion and $30 billion.